Gemini Trust Company, LLC (Gemini), a cryptocurrency exchange and custodian, announced on Thursday it is collaborating with Samsung Electronics to power the Samsung Blockchain Wallet and bring crypto to the fingertips of Samsung Blockchain Wallet users in the U.S. and Canada. Gemini claims it is the first U.S. crypto exchange and custodian to partner with Samsung.
“Samsung is committed to establishing a simple and secure gateway for more individuals to enter the blockchain and cryptocurrency ecosystem. The Samsung Blockchain Wallet is a convenient and secure crypto-wallet that allows users to self custody their crypto directly on Samsung Galaxy Phones. By connecting their Samsung Blockchain Wallet to Gemini, users can buy and sell crypto, view their Gemini account balances, and also transfer their crypto into cold storage with Gemini Custody for the highest level of security.”
While sharing more details about the partnership, Tyler Winklevoss, CEO of Gemini, stated:
“Crypto is not just a technology, it is a movement. We are proud to be working with Samsung to bring crypto’s promise of greater choice, independence, and opportunity to more individuals around the world. Now, Samsung Blockchain Wallet customers can buy crypto in a simple, elegant and secure way on Gemini.”
The Samsung Blockchain Wallet and the Gemini Mobile App are available in the Samsung Galaxy Store for select Samsung Galaxy Phones.
Founded in 2014, Gemini describes itself as a next-generation cryptocurrency and custodian that allows customers to buy, sell, and store digital assets such as bitcoin and ether.
“Gemini is building a bridge to the future of money. We offer an industry-leading suite of crypto-native products and tools for individuals and institutions; enabling them to grow, manage, and use cryptocurrency holdings with world-class security, compliance, and customer experience.”